DeepDive launches AI platform to boost financial crime checks

By Vriti Gothi

DeepDive has launched its artificial intelligence platform, designed to redefine Enhanced Due Diligence (EDD) and financial crime investigations for compliance teams worldwide. The new platform significantly extends the reach of EDD processes while enabling investigators to complete reviews up to ten times faster, marking a step change in the fight against financial crime.

Compliance professionals have long faced a difficult choice between conducting comprehensive investigations that consume days of work or opting for speed at the expense of accuracy. DeepDive eliminates this trade-off by combining multi-language web intelligence with global regulatory and compliance data. This approach empowers analysts to search across vast open-source ecosystems, including public records, court filings, corporate disclosures, news archives, social media profiles, and watchlists such as PEPs and sanctions, delivering a holistic customer intelligence view.

Harnessing the power of advanced search, natural language processing, entity resolution, and generative AI, DeepDive provides unparalleled scope and precision. The platform analyses hundreds of sources in parallel and presents structured EDD reports categorised by timeline, alert type, or risk profile. Investigators can then use a built-in AI assistant to interrogate findings, uncover connections, and make more confident, data-driven risk assessments.

David Pope, COO at DeepDive, commented, “DeepDive addresses the pain points facing compliance teams such as time-intensive manual research, incomplete data, language barriers, false positives, and the challenge of processing vast amounts of information at scale. We’ve now completed a successful six-month beta with investment banks, outsourced EDD providers, and financial crime investigators. DeepDive has helped them build deeper intelligence on high-risk customers in a fraction of the time. Not only are we uncovering intelligence that the manual EDD approach misses, but with the time saved, financial services firms can extend EDD across a wider set of customer transactions.”

The platform strengthens EDD by generating multiple search permutations across both public and specialist compliance databases, tailored to relevant languages and local search engines. This is followed by entity resolution to refine the dataset and eliminate false positives. Multiple generative AI models then synthesise the results into a comprehensive intelligence report, complete with source citations and a transparent audit trail.

Each DeepDive report provides structured insights across personal background, legal history, financial integrity, compliance record, and key associations. It highlights connections to individuals, companies, political entities, and potential criminal activity giving institutions a sharper lens through which to assess customer risk and safeguard the financial system.

With a team of industry veterans who have previously launched, scaled, and exited fraud investigation and KYC platforms, DeepDive is uniquely positioned to deliver a transformative solution at the intersection of compliance, technology, and financial integrity.